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Dinesh_C_Nagpal

CENTURY TEX

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CENTURY TEXT & IND (NSE:CENTURYTEX)  
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NSE:CENTURYTEX   CENTURY TEXT & IND
Trend Analysis Harmonic Patterns CENTURYTEX Bearish Cypher Bearish Gartley harmonicmoves
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trendanalysis harmonicpatterns centurytex bearishcypher bearishgartley harmonicmoves
In weekly time frame it is showing signs of revering from a Bearish Harmonic Cypher PRZ. In hourly time frame it has made a Bearish Harmonic Gartley and reversed. Failure to hold 490 on closing basis in daily time frame could be a trigger for the expected down move till 450. In hourly time frame trading above 513 would negate the move for now.
Comment:
Since this was a weekly reversal, the fall has also been accordingly a grinding one. Now as long as it sustains below 485 on daily closing basis, it will remain weak till it tests its earliest support near 450
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